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s of September 30, 2024, several real estate stocks are flashing warning signs for investors who prioritize momentum in their trading decisions. The Relative Strength Index (RSI) is a momentum indicator that compares a stock's upward and downward price movements. When the RSI exceeds 70, an asset is typically considered overbought.

    Here are four major players in the sector that have reached overbought levels:

    KE Holdings Inc – ADR BEKE surged 37% after reporting strong Q2 results and increasing its repurchase authorization. Its stock has a 52-week high of $20.48 and currently trades at $20.00, with an RSI value of 81.63.

    Uniti Group Inc UNIT jumped 34% following the announcement of $800 million windstream notes as part of post-merger debt restructuring. The company's stock has a 52-week high of $6.71 and closed at $5.84 on Friday, with an RSI value of 78.03.

    Macerich Co MAC gained 18% after Goldman Sachs analyst Caitlin Burrows maintained the Sell rating and raised the price target from $13 to $14.6. The company's stock has a 52-week high of $18.04 and closed at $17.95 on Friday, with an RSI value of 77.29.

    American Healthcare REIT Inc AHR rose 24% after acquiring a remaining 24% membership interest in Trilogy REIT Holdings for $258 million. The company's stock has a 52-week high of $26.77 and closed at $26.12 on Friday, with an RSI value of 80.83.